$1,950,000
$150K PRICE DROP

3980 Pedersen Trail Phelps, WI 54554

Estimated payment $10,796/month

Total Views 16,713
4 Beds
2.5 Baths
2,004 Sq Ft
$973 Price per Sq Ft

Highlights

  • Lake Front
  • Docks
  • Wood Burning Stove
  • Phelps High School Rated 9+
  • Deck
  • 1 Fireplace

About This Home

Spectacular North & South Twin offering! 4 bedroom home with over 1,020' of prime water frontage and 3.34 acres on two of Vilas County's premier lakes. This rare find is situated on a peninsula between 2788 acre North Twin (620') and 642 acre South Twin (400') and offers level sand swimming frontage on the entire parcel. The home has multiple picture windows giving it a bright and cheery feel and providing panoramic views of the entire waterfront. The spacious outdoor deck is a great place to enjoy the incredible sunsets over South Twin. The 36' X 28' detached garage provides ample storage space and has a second level that could be finished to provide a great "bonus" room. The property also had multiple additional building sites should you decide to do so. All this in the heart of Northern Wisconsin's 4 season recreation wonderland with trophy fishing and some of the Midwest's premier snowmobile trails just outside your doorstep. Make plans to view this remarkable property today!

Listing Agent

Bob Merz

RE/MAX PROPERTY PROS License #56837 - 94 Listed on: 04/21/2025

RE/MAX PROPERTY PROS

Co-Listing Agent

Denise Goldsworthy

RE/MAX PROPERTY PROS - MINOCQUA License #39293 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,453

Lot Details

  • 3.34 Acre Lot
  • Lake Front
  • Property fronts an easement
  • Street terminates at a dead end
  • Level Lot

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,004 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Water Views
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 8-1781,18-496,18-503

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,453

Lot Details

3.34 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Easement
  • Water Body Name: NORTH TWIN
  • Co List Office Mls Id: 634
  • Co List Office Phone: (715)356-3207
  • Ownership: Trust
  • Directions: Hwy 45 North to a Right on 17. Left on Pedersen Trail. Sign on Property
  • Above Grade Finished Sq Ft: 2004.0
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Dead End, Lake Front, Level, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Dock, Out Building(s), Shed
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Garage, Storage, Driveway

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Water Source: Driven Well, Well

Lot Info

  • Lot Size Sq Ft: 145490.0
  • Parcel #: 8-1781,18-496,18-503

Tax Info

  • Tax Annual Amount: 6453.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,936 $525,800 $329,700 $196,100
2024 $5,741 $525,800 $329,700 $196,100
2023 $5,356 $525,800 $329,700 $196,100
2022 $5,620 $525,800 $329,700 $196,100
2021 $5,518 $525,800 $329,700 $196,100
2020 $5,734 $525,800 $329,700 $196,100
2019 $5,815 $525,800 $329,700 $196,100
2018 $6,152 $573,600 $375,500 $198,100
2017 $5,783 $573,600 $375,500 $198,100
2016 $5,845 $573,600 $375,500 $198,100
2015 $5,985 $573,600 $375,500 $198,100
2014 $5,789 $573,600 $375,500 $198,100
2013 -- $573,600 $375,500 $198,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2025 08/04/25 Price Changed $1,950,000 -7.1% $973 / Sq Ft
04/21/2025 04/21/25 For Sale $2,100,000 -- $1,048 / Sq Ft
Source: Greater Northwoods MLS

Source: Greater Northwoods MLS

MLS Number: 211440

Greater Northwoods MLS

APN: 18-503

Wisconsin Vilas County Phelps 54554

3980 Pedersen Trail, Phelps, WI

For Sale

Detached

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Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Bob Merz
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